5981 University Place Detroit MI 48224 MLS #20251013249

5981 University Place
Detroit, MI, 48224
$89,000
3 Beds
1 Baths
964 SqFt
0.12 Acres
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Great investment opportunity at 5981 University Pl, Detroit, MI! This tenant-occupied home, currently on Section?8, generates $995/month in steady rental income and offers solid long-term potential. Inside, you’ll find a warm and inviting layout with hardwood floors, generous natural light, and charming vintage details. Located in a well-connected Detroit neighborhood close to schools, parks, shopping, and public transportation, it’s perfect for both investors seeking reliable cash flow and buyers considering occupancy after lease end. Showings by appointment only with accepted offer. Buyer’s agent to verify all information.

Property Details

Price:
$89,000
MLS #:
20251013249
Status:
Pending
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
LODEWYCK 1
Neighborhood:
05055detconmorsgrathstn7mack
Listed Date:
Jul 1, 2025
Finished Sq Ft:
964
Year Built:
1948
Short Sale05055 – Det Con-mors/grat. Hstn/7 Mack05055detconmorsgrathstn7mackLodewyck 1Detroit

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Schools

School District:
Detroit

Interior

Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Architectural Style
Bungalow
Construction Materials
Brick
Parking Features
TwoCarGarage, Detached, Driveway

Financial

Taxes
$2,954

Map

Community

Market Summary

Current real estate data for Single Family in Detroit as of Oct 28, 2025
3,481
Single Family Listed
110
Avg DOM
83
Avg $ / SqFt
$150,879
Avg List Price

Property Summary

    Located in the LODEWYCK 1 subdivision, 5981 University Place Detroit MI is a Single Family for sale in Detroit, MI, 48224. It is listed for $89,000 and features 3 beds, 1 baths, and has approximately 964 square feet of living space, and was originally constructed in 1948. The current price per square foot is $92. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $150,879. To schedule a showing of MLS#20251013249 at 5981 University Place in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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disclosure
Courtesy of National Realty Centers, Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of Move in Michigan. Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. . All rights reserved.
Rover IDX
5981 University Place
Detroit, MI